Honda and Nissan to Finalize Merger Framework by January 2025

December 25, 2024 – Honda and Nissan Motor Company are planning to finalize the framework for a business merger by the end of January 2025, according to a report by Kyodo News Agency. The two automakers will focus their discussions on a soon-to-be-established merger preparation committee. Given that Honda’s market capitalization (7.56 trillion yen) significantly…

Read More

Honda Issues Stern Warning to Nissan: Collaboration Ends if Partnership with Foxconn Forms

December 19, 2024 – Honda and Nissan are currently engaged in talks regarding a potential merger, as reported by Nikkei on Wednesday, in response to a perceived threat of acquisition by Foxconn (Hon Hai Precision Industry). Although Foxconn is primarily known for its contract manufacturing services, particularly for producing iPhones for Apple, the company announced…

Read More

Honda Explores Merger, Capital Tie-Up, and Holding Company Options with Nissan

December 18, 2024 – Following a Bloomberg report earlier today, Honda’s Executive Vice President, Shinji Aoyama, responded to rumors of a potential merger between Honda and Nissan. Aoyama stated that Honda is exploring several options, including a full merger, capital collaboration, or the establishment of a holding company. According to informed sources, the two automotive…

Read More

Sony Honda’s EV to Offer In-Car Karaoke and Movie Streaming for Ultimate Entertainment

December 17, 2024 – Sony Honda Mobility, the joint venture between Sony Group and Honda focused on pure electric vehicles (EVs), has announced a partnership with Canadian media services company Stingray Group. The collaboration will introduce Stingray’s karaoke library, featuring over 100,000 songs, into the “AFEELA” model, which is set to begin accepting orders in…

Read More

Honda CEO Highlights Challenges in EV Adoption Due to Lack of Charging Infrastructure

August 27, 2024 – In a pivotal address at the 2024 Monterrey Auto Week, the President and CEO of American Honda, Kazuhiro Takizawa, and Honda’s Global Executive Vice President, Shinji Aoyama, underscored the paramount importance of pure electric vehicles (EVs) as the optimal route to carbon neutrality, while acknowledging a pressing shortfall in charging infrastructure….

Read More

Honda, Nissan, and Mitsubishi Sign Strategic Memo to Bolster EV Development

August 02, 2024 – Japan’s three leading automakers, Honda, Nissan, and Mitsubishi, have officially signed a strategic cooperation memorandum today, initiating discussions on a framework for collaboration in intelligent and electrified vehicles. This move comes after Nissan and Honda had previously inked a strategic partnership memorandum of understanding on March 15th. Under the new agreement,…

Read More